You'll need to sign in or create an account to connect with an expert.
No, investments are not deductible until you sell your investment then it is deducted from your selling price to arrive at your profit.
Also, if you are not getting a share of the business for the investment, this is likely a gift which is also not deductible.
No, investments are not deductible until you sell your investment then it is deducted from your selling price to arrive at your profit.
Also, if you are not getting a share of the business for the investment, this is likely a gift which is also not deductible.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jays1951-gmail-c
Level 1
Sachaaa
Level 1
Rprincessy
New Member
Ninaya1
New Member
edthilbert
New Member